Binance Will Update Spot Trading Tick Size On May 23rd

Binance will complete adjustments to the tick size (i.e., the minimum price change per unit) of certain spot trading pairs by May 23rd.

Refer to the official BNB tweet

BNB is a native coin that powers the BNB Chain ecosystem, including BNB Beacon Chain and BNB Smart Chain. It serves several functions such as reducing trading fees on the Binance exchange, paying transaction fees on both BNB Beacon Chain and BNB Smart Chain, and is also used in games and DApps in the BNB Chain ecosystem. It is also used to participate in the token sales held on Binance Launchpad and provide liquidity on the Binance Liquid Swap. In addition, BNB can be used for real-world applications, including online and in-store purchases and travel bookings on platforms such as Travala.com.

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